Ukrainian steelmakers exported 318.3 thousand tons of long rolled products in January-July

In January-July 2024, steel companies of Ukraine increased the export of long rolled products by 13.7% compared to the same period in 2023 – up to 318.36 thousand tons. This is evidenced by the data of the State Customs Service.

The main export volume is wire rod (HS 7213) – 140.33 thousand tons (+9.5% y/y). In 6 months, 59.01 thousand tons of relevant products were shipped to Romania, 59.02 thousand tons to Poland, and 10.96 thousand tons to Bulgaria.

74.21 thousand tons (+4.9% y/y) of carbon steel wire (HS 7217) were also exported. The main volume is directed to Poland – 25.34 thousand tons, Germany – 13.94 thousand tons, and the Czech Republic – 9.53 thousand tons. Another 55.5 thousand tons (+27.2% y/y) of exports is for rebar (HS 7214). 25.3 thousand tons of relevant products were shipped to Moldova, 28.5 thousand tons to Poland.

During July, the export of long rolled products from Ukraine increased by 56.1% compared to the previous month, and by 128.6% compared to July 2023 – up to 61.86 thousand tons. Wire rod shipments increased by 5.2% m/m and by 136.8% y/y – up to 21.2 thousand tons, wire – increased by 17% m/m and 3.8% y/y, up to 9.77 thousand tons, and rebar – increased by 124.2% m/m and by 323.1% y/y, up to 19.76 thousand tons.

In January-July 2024, the revenue from the export of long-rolled goods increased by 7.6% y/y – up to $241.92 million, and in July – by 126.2% y/y and by 49.2% m/m – to $43.25 million.

As GMK Center reported earlier, in 2023, steel enterprises of Ukraine reduced the export of long rolled products by 31.4% compared to 2022 – to 523.84 thousand tons. The revenue of steelmakers from the export of such products fell by 45% y/y – up to $395.15 million. The most exported wire rod (HS 7213) for the year was 209.97 thousand tons for $131.42 million.